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RE: Get your WEIRD out! Introducing the Weird Tipping Token!

in LeoFinance β€’ last month (edited)

For pairs of tokens that are traded in a lot, even the 0.25% trading fee shared among all liquidity providers for such pairs is already a lot. 😎

Since you would like the MMB token to be adopted more easily on Hive, I think you should peg it to HIVE. πŸ€―πŸ€“

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OK, that's fair, but I still can't use the assets until I remove them from the pool. I wouldn't mind for a pair like SWAP.HIVE:SWAP.BTC, since the pool would basically just be a savings account, from which I could withdraw as needed.

Yes, I understand the reasoning, however BTC is still one of the top best crypto investments, and the fact that we have SWAP.BTC, which makes it possible to acquire, trade, hold, and save BTC within the Hive Ecosystem, it's a solid choice. I love Hive, of course, but I also want to give some investment stability from outside the Ecosystem. 😁 πŸ™ πŸ’š ✨ πŸ€™

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I wonder what you mean with I still can't use the assets until I remove them from the pool if you can simply withdraw amounts from any liquidity pair of whatever you think your profit should be. πŸ€”πŸ€―πŸ˜…

I see a 1.76% discrepancy between the lowest sell offer and highest buy offer of SWAP.BTC right now on the #HiveEngine market, which may be high or "good enough" depending on the observer. πŸ€“πŸ˜

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I mean that regardless of the fees that I've earned by keeping my assets in the pool, that I can't use them until I remove assets manually from the pool. That's why I very much prefer pools with useful daily rewards.

SWAP.BTC is always easy to sell, and I've never complained about the amount that I receive for doing so. πŸ˜πŸ™πŸ’šβœ¨πŸ€™

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Looks like it's just because you don't like manually removing any portion of your profit from such liquidity pools that you like pools that automatically give you rewards directly as tokens on your #HiveEngine wallet. πŸ˜…

While SWAP.BTC (and other swap tokens for other coins or tokens on the Hive Engine market) is indeed easy to sell (or buy), there's that (small) loss when buying back what you sold in a short period of time or vice versa. πŸ€”πŸ€“

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Yep, exactly, good liquidity pool rewards are the bomb indeed! I've got a lot to do every day, so the less that I have to do manually, the better.

I only buy or sell a token when it is within a profitable range.πŸ˜πŸ™πŸ’šβœ¨πŸ€™

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